diff --git a/entities/internet-finance/deans-list-treasury-reserve-proposal.md b/entities/internet-finance/deans-list-treasury-reserve-proposal.md new file mode 100644 index 000000000..a7475eae2 --- /dev/null +++ b/entities/internet-finance/deans-list-treasury-reserve-proposal.md @@ -0,0 +1,71 @@ +--- +type: entity +entity_type: decision_market +name: "Dean's List: Treasury Reserve Proposal" +domain: internet-finance +status: passed +parent_entity: "[[deans-list]]" +platform: "futardio" +proposer: "proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2" +proposal_url: "https://www.futard.io/proposal/8SwPfzKhaZ2SQfgfJYfeVRTXALZs2qyFj7kX1dEkd29h" +proposal_date: 2024-10-10 +resolution_date: 2024-10-14 +category: "treasury" +summary: "Establish treasury reserve funded by 2.5% of USDC payments with risk-scored asset allocation and quarterly performance reviews" +key_metrics: + reserve_funding: "2.5% of all USDC payments" + portfolio_split: "80% safe assets (RS >= 0.5), 20% risky assets (RS < 0.5)" + performance_fee: "5% of quarterly profits, 3-month vesting" + twap_requirement: "3% increase (523k to 539k USDC market cap)" + target_dean_price: "0.005383 USDC (from 0.005227)" +tracked_by: rio +created: 2026-03-11 +--- + +# Dean's List: Treasury Reserve Proposal + +## Summary +Proposal to establish a treasury reserve on Realms managed by Kai (@DeFi_Kai) with community oversight, funded by 2.5% of USDC payments. Implements risk-scored asset allocation framework with 80/20 safe/risky split and quarterly performance reviews with 5% profit-based compensation. + +## Market Data +- **Outcome:** Passed +- **Proposer:** proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2 +- **TWAP Requirement:** 3% market cap increase (523k to 539k USDC) +- **Target Token Price:** 0.005383 USDC (3% increase from 0.005227) + +## Mechanism Design + +### Risk Scoring Framework +Assets evaluated using weighted formula: +- Rs = (0.4 × Volatility) + (0.2 × Liquidity Risk) + (0.3 × Market Cap Risk) + (0.1 × Drawdown Risk) +- Safe assets: RS >= 0.5 (80% of portfolio) +- Risky assets: RS < 0.5 (20% of portfolio) +- Examples: USDY (yield-bearing USD), JLP (Jupiter Liquidity Pools) + +### Governance Structure +- Treasury Manager: Kai (@DeFi_Kai), subject to quarterly review +- Funds held in Mango Delegate Account via Realms +- Community input on asset diversification decisions +- Quarterly performance reports required for continuation + +### Performance Metrics +Quarterly reports must include: +- PNL breakdown +- Strategy success rates +- Expected return vs actual returns +- Sharpe Ratio for risk-adjusted performance +- Maximum drawdown analysis +- Future strategy proposals + +### Compensation +- 5% of quarterly profits +- 3-month vesting contract +- Performance-based (no profit = no fee) + +## Significance +First documented futarchy-governed treasury management proposal with explicit risk scoring methodology and performance-based compensation. Demonstrates evolution from simple pass/fail decisions to complex operational governance with quantitative frameworks. + +## Relationship to KB +- [[deans-list]] - parent organization +- [[futardio]] - governance platform +- [[MetaDAOs Autocrat program implements futarchy through conditional token markets where proposals create parallel pass and fail universes settled by time-weighted average price over a three-day window]] - underlying mechanism diff --git a/entities/internet-finance/deans-list.md b/entities/internet-finance/deans-list.md index f7572634b..0771fd342 100644 --- a/entities/internet-finance/deans-list.md +++ b/entities/internet-finance/deans-list.md @@ -43,3 +43,7 @@ Relevant Entities: Topics: - [[internet finance and decision markets]] + +## Timeline + +- **2024-10-14** — [[deans-list-treasury-reserve-proposal]] passed: Established treasury reserve with 2.5% USDC funding, risk-scored asset allocation (80/20 safe/risky split), and quarterly performance review structure with 5% profit-based compensation for treasury manager Kai diff --git a/inbox/archive/2024-10-10-futardio-proposal-treasury-proposal-deans-list-proposal.md b/inbox/archive/2024-10-10-futardio-proposal-treasury-proposal-deans-list-proposal.md index 4472f4232..b3a0c7af7 100644 --- a/inbox/archive/2024-10-10-futardio-proposal-treasury-proposal-deans-list-proposal.md +++ b/inbox/archive/2024-10-10-futardio-proposal-treasury-proposal-deans-list-proposal.md @@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/8SwPfzKhaZ2SQfgfJYfeVRTXALZs2qyFj7kX1dEkd29 date: 2024-10-10 domain: internet-finance format: data -status: unprocessed +status: processed tags: [futardio, metadao, futarchy, solana, governance] event_type: proposal +processed_by: rio +processed_date: 2026-03-11 +extraction_model: "anthropic/claude-sonnet-4.5" +extraction_notes: "Proposal contains operational treasury management framework rather than novel mechanism claims. Primary value is as decision_market entity documenting futarchy-governed treasury operations with quantitative risk framework. No new claims extracted - this is governance execution data, not mechanism innovation." --- ## Proposal Details @@ -131,3 +135,13 @@ Target \$DEAN Price: 0.005383 USDC - Autocrat version: 0.3 - Completed: 2024-10-14 - Ended: 2024-10-14 + + +## Key Facts +- Dean's List market cap: 523k USDC (2024-10-10) +- $DEAN token price: 0.005227 USDC (2024-10-10) +- Proposal required 3% TWAP increase to pass +- Risk score formula: Rs = (0.4 × Volatility) + (0.2 × Liquidity Risk) + (0.3 × Market Cap Risk) + (0.1 × Drawdown Risk) +- Treasury reserve funding: 2.5% of all USDC payments +- Portfolio allocation: 80% safe assets (RS >= 0.5), 20% risky assets (RS < 0.5) +- Performance fee: 5% of quarterly profits with 3-month vesting